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120 West Hellman Avenue

Off-Market

120 West Hellman Avenue, Monterey Park, CA 91754

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  • Property Type Office - Medical Office
  • Property Size 27,834 SF
  • Lot Size 0.42 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2020

Location

  • City Monterey Park, CA
  • Neighborhood Monterey Park
  • Zip Code 91754
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 08 Feb, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Monterey Park

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Monterey Park Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.49
  • 2020 Office Vacancy Rate 22.22%
  • 2020 Office Completions (SF)
View more Monterey Park market trends

Tax

  • Property Tax in 2021-2022 $128,399
  • Market Value* $10,384,914
  • Assessed Value $10,384,914

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 120 West Hellman Avenue?

120 West Hellman Avenue totals 27,834 square feet.

When was this property built?

120 West Hellman Avenue was built in 2020.

When was 120 West Hellman Avenue last sold?

120 West Hellman Avenue was last sold on 08 Feb, 2022.

What is the property tax for 120 West Hellman Avenue?

The property tax for 120 West Hellman Avenue in 2021-2022 was $128,399.

What is the market value for 120 West Hellman Avenue?

The market value* for 120 West Hellman Avenue in 2021-2022 was $10,384,914.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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